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Binghamton University is part of the State University system of New York State. The undergraduate student body is over 13,800, the graduate school supports over 3,700, and there are over 137,000 alumni worldwide. You'll even find more than 2,000 international students on campus who can give a multi-cultural perspective on many academic issues.
The school was founded in 1946 to educate veterans of WWII who were populating the area. It began as an offshoot of Syracuse University, but soon the state system acquired the institution. As a university, Binghamton supports a full range of undergraduate and graduate courses, certificates, and degrees. In fact, if you qualify for admission to a graduate program you could go from dewy-eyed first-year student clear through to your PhD without leaving campus.
Overview of Binghamton University (State University of New York, SUNY)
While undergraduate students still need to attend to complete their degrees on campus, many courses are available remotely. The school also supports study abroad programs, weekend/evening college, and a full range of student services. Given its semi-rural location, Binghamton University students enjoy not only top-notch academics, but an affordable cost of living, as well. For those desiring a bit of excitement, NYC is three hours away by car or bus.
|Campus Setting||Suburb: Midsize|
|Student Faculty Ratio||19:1|
SUNY Acceptance Rate and Admissions
|High School GPA||Required|
|High School Rank||Recommended|
|High School Transcripts||Required|
|College Prep Courses||Considered but not Required|
|TOEFL (Test of English as a Foreign Language)||Required|
|Application Deadline||January 15|
|Common Application Accepted||Yes|
SUNY Tuition Cost & Financial Aid
The cost of education at Binghamton is not exorbitant. Considering the level of academic rigor you'll find, this SUNY campus is a bargain. In-state students still pay less than $10,000 for tuition while out-of-state students pay just over $26,000 per year for tuition. When considering the total cost of education, inclusive of all fees, books, and room and board, the cost does rise quite a bit.
In-state students who live on campus will pay approximately $26,911 per year. Their off-campus cohorts pay a bit more with an estimated cost of $27,111. Out-of-state student living on campus have higher costs stemming from their higher tuition and they pay $43,706 while their off-campus friends pay $43,906.
Meanwhile, 7,000 students receive grants or scholarships totaling $63,014,309, which breaks down to an average payout of $8,688. While those scholarships don't need to be repaid, student loans do. Approximately 6,164 Binghamton students take out student loans to cover their costs with a total loan amount of $42,027,887, which breaks down to an average of $6,818.
|Average net price||2017-2018|
|Average Total Aid||$9,338|
|Students Receiving Financial Aid||75%|
|Room & Board||$15,058|
- Tuition In-State - $9,853
- Tuition Out-of-State - $26,648
- Books and Supplies - $1,000
- Room & Board - $15,058
- Other - $1,000
Binghamton boasts impressive figures on the academic front. The school sees a 92% retention rate among its full-time first-year students and an impressive 94% among its part-timers. The overall graduation rate is 81% with a 14% transfer-out rate. This low rate of attrition might correlate with the 40% acceptance rate, which generally indicates higher graduation numbers.
These numbers indicate that Binghamton recruits and accepts serious students whose expectations are met or exceeded by an excellent academic environment. And, only a small percent leave without a clear plan to continue their studies.
Students can choose a major from one of six schools on campus. Whether you study pharmacy, engineering, public affairs, management, health science, or arts and sciences, you are sure to find a suitable program at Binghamton. On top of traditional coursework, students can find ample support for their interest in service learning, internships, research, or foreign study. For those with high ambitions, the school can also provide a fast-track to a graduate degree that takes a mere five years. Other students may wish to participate in the Honors Program, provided they have the requisite academic credentials.
Student Population Total
Most Popular Programs & Majors
(# of Diplomas Awarded by Subject)
|All Business Majors||496 Total Graduates / 14%|
|Finance, General||103 Graduates|
|Marketing/Management, General||62 Graduates|
|Business Administration and Management||64 Graduates|
|All Engineering Majors||359 Total Graduates / 10%|
|All Social Science Majors||623 Total Graduates / 17%|
|Economics, General||223 Graduates|
|Political Science and Government||137 Graduates|
|All Biological & Biomedical Majors||585 Total Graduates / 16%|
|Biology/Biological Sciences||224 Graduates|
|Medical Microbiology and Bacteriology||-|
|All Computer Information Science Majors||-|
|All Other Diplomas||43%|
Outcome & Salary
When Binghamton students graduate, they have a bright future ahead. According to payscale.com, the average salary for a graduate is $74,000 per year with an early career salary of $62,400 leading to a six-figure mid-career payday.
The site also shows that the 20-year net ROI on a Binghamton education is $540,000 with an annual ROI of 8.4%. Even better, a full 46% of graduates feel that their work is making the world a better place. Perhaps future students will strive to drive that number higher.
|College Grads Early Career Salary||$62,400|
|College Grads Average Salary||$74,000|
|College Grads Mid Career Salary||$118,500|
|Return on Investment (ROI)|
|10 Year Salary Earnings Potential||$740,000|
|20 Year Salary Earnings Potential||$1,925,000|
|Cost of Education (Net Price) 4 Year||$65,760|
|10 Year Projected ROI||$674,240|
|20 Year Projected ROI||$1,859,240|
|No College Education Salary Comparison|
|National Average Salary||$38,792|
|10 Year Projected Income||$387,920|
|20 Year Projected Income||$775,840|
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